SYNERGY HOUSE BERHAD
KLSE (MYR): SYNERGY (0279)
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Last Price
1.14
Today's Change
+0.08 (7.55%)
Day's Change
1.09 - 1.18
Trading Volume
691,700
IPO Info
File Name: Synergy House Berhad - Detailed Procedures for Application and Acceptance.pdf Download
Discussions
Be the first to like this. Showing 50 of 592 comments
Although global economic challenges continue, SYNERGY's business is expected to be less affected given the affordable nature of its furniture products. In addition, the company is well positioned in the B2C sales sector and has established a strong presence on third-party e-commerce platforms in the United States, the United Kingdom, Canada and Germany. Furthermore, during the current financial quarter, the company will further expand its presence in a new market, namely France
2 months ago
According to Allied Market Research, furniture market will reach $840.5 billion globally, by 2034 at 4% CAGR. This is driven by increased demand for residential and commercial furniture as populations migrate to cities
2 months ago
The B2C segment continues to show strong growth, now accounting for 54% of total revenue, up from 52.2% in 1Q24. The summer season in the US began late in 2Q, leading to increased consumer spending on outdoor furniture and other necessities rather than Synergy’s indoor furniture.
2 months ago
Director shows confidence by buying back shares. What are you waiting for 😁
https://klse.i3investor.com/web/insider/detail/D_180593_3331877763
2 months ago
buy more SYNERGY !! B2C segment showing strong growth, making up of 54% of total revenue, up from 52.2% in 1Q24.
2 months ago
Synergy are very possible to breakout soon, Rhb tp are achievable in 2-3 month
2 months ago
The management is optimistic about global e-commerce growth. Next QR will be outstanding
2 months ago
The U.S. bedroom furniture market size is expected to reach $72.48 billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030 🔥
https://www.woodworkingnetwork.com/furniture/bedroom-furniture-market-reach-7248-billion-2030
2 months ago
Synergy alrdy deliver result from 2022 -2023 and will continue in 2024, keep buying below 1.10
2 months ago
Great interview. Have high hope that the company will turn green in the next quarter
2 months ago
ez for synergy lah, recent issue are just short term better aim for long term growth
2 months ago
Actually Synergy was making profits one if deducted the provision of bad debts
2 months ago
Synergy house will benefit from the Wayfair platform as well as the potential to establish new recurring revenue streams through partnerships with other local furniture manufacturers
2 months ago
Furniture on Wayfair is on sale right now !
https://www.usatoday.com/story/money/reviewed/2024/08/25/wayfair-labor-day-sale/74944127007/
2 months ago
B2C segment are having a strong growth, making up of 54% of total revenue, up from 52.2% in 1Q24. 2H sales are very likely to improve again
2 months ago
The company has a dominant position in B2C sales and has established a strong presence on third-party e-commerce platforms in the United States, the United Kingdom, Canada, and Germany. Invest it with confidence 👍
2 months ago
The US Furniture Market Report 2022 stated that the US furniture market is expected to reach a value of US$288.9 billion (RM1.35 trillion) by 2026, with a compound annual growth rate of 4.47% from 2022 to 2026.
2 months ago
Malaysia exported RM13.86 billion of furniture globally in 2022, with the US being its top export destination at RM7.24 billion or 52.2% of the nation’s total furniture exports last year. Malaysia was the US’ sixth largest source of imported furniture in 2022, accounting for 2.78% of its total furniture and bedding import value.
2 months ago
UK eco-friendly furniture market sees significant growth as consumer demand rises, driven by sustainability and environmentally conscious choices. Will Synergy House explore into eco-friendly furniture ? 😀
https://www.einnews.com/pr_news/739003983/surging-demand-for-eco-friendly-furniture-drives-market-growth-in-the-uk
2 months ago
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